China Rejects Report About Pakistan’s Rethink On CPEC

China on Tuesday rejected a Financial Times report that Pakistan is mulling to negotiate the terms of the China-Pakistan Economic Corridor (CPEC), a key part of Beijing’s ambitious Belt and Road project.

The Financial Times reported that Pakistan plans to review or renegotiate agreements reached under China’s Belt and Road project and wants to shelve the project.

“We have noted the relevant report, also noted that a relevant Pakistani official made a clarification on his remarks. On September 10, Pakistani Commerce Ministry issued a statement that remarks cited by Financial Times were out of context and distorted its original meaning. The Pakistan side refused to recognise this report,” Foreign Ministry spokesperson Geng Shuang said here.

“According to my information, the committee composed of nine people to review the CPEC aims to enhance exchange with China, accelerate the project and deliver more outcomes to the Pakistani people instead of putting it off,” Geng said. Read More